Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1126 E Napier Ave Benton Harbor, MI 49022

    Sponsored
    For Lease
    $5 SF/Yr ($4,329 /Mo)

    COMMERCIAL - Benton Harbor, MI

    Type:Retail
    Property size:
    10,390 SF
    Lot size:
    1.60 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 4 at 12:06 am

    Property Features for 1126 E Napier Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    03-0032-0006-17-1
    Fireplace
    1
    Size
    10,390 SF
    Lot size
    1.60 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    Josh Jacobs

    NAI Wisinski of West Michigan (269) 353-0311

    Listing agent Josh Jacobs (269) 459-0430

    Listing date Feb 2, 2026

    MLS# 26003798

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Benton Harbor Retail/Showroom Space

    This commercial property in Benton Harbor, MI, offers approximately 10,390 square feet of showroom, office, and storage space. The property features 7 garage doors and approximately 26 parking spaces. Situated on East Napier Avenue, a high-traffic area, the location provides convenient access to I-94 within a 5-minute drive. The lot size is 1.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lowe's Home Improvement

    Location Insight

    • Map
    • Local Demand
    City
    Benton Harbor
    County
    Berrien
    State
    Michigan
    Longitude
    -86.431244
    Latitude
    42.086364

    Nearby Similar for Lease

    • $5 SF/Yr
      10,000 SF

      Benton Harbor Flex/Industrial/Office Space

      10,000 SF flex, industrial, and office space for lease.
      1007 Nickerson Ave, Benton Harbor, MI 49022
      View Details
    • New
      $6 SF/Yr
      11,625 SF

      Benton Harbor Commercial Retail Space

      11,600 SF commercial/retail space on M-139 corridor.
      2467 M-139, Benton Harbor, MI 49022
      View Details
    • $4 SF/Yr
      10,750 SF

      Versatile Building in Benton Harbor

      10,000 SF building suitable for warehouse, retail, or service.
      315-323 E Main St, Benton Harbor, MI 49022
      View Details
    • $10 SF/Yr
      1,200 SF

      Benton Harbor Office/Commercial Space

      Move-in ready office or commercial space with flexible lease terms.
      1684 Townline Rd, Benton Harbor, MI 49022
      View Details
    • $4 SF/Yr
      34,402 SF

      34,000 SF Retail Opportunity

      34,000 SF retail space on M-139 in Benton Harbor.
      2305 M 139, Benton Harbor, MI 49022
      View Details
    • $13 SF/Yr
      55,757 SF

      Class 'A' Office Suite

      Move-in ready office suite in high-traffic Benton Harbor corridor.
      1355 E Napier Ave, Benton Harbor, MI 49022
      View Details
    • $1.00 SF/Yr
      1,000 SF

      Benton Harbor Commercial Space Available

      1,000 SF office/retail space for lease in Benton Harbor.
      2202 Plaza Dr, Benton Harbor, MI 49022
      View Details
    • $4 SF/Yr
      27,600 SF

      Industrial Space in Benton Harbor

      27,600 SF industrial space for lease with excellent access.
      2245 Pipestone Rd, Benton Harbor, MI 49022
      View Details
    • $9 SF/Yr
      Pending

      Commercial Space with Hoist Included

      Four-unit commercial building with high traffic and foot traffic.
      2004 M 139, Benton Harbor, MI 49022
      View Details
    • $5 SF/Yr
      3,500 SF

      Multi-Use Building in Benton Harbor

      3,500 sq ft multi-use building with high ceilings for rent.
      143 W Wall St, Benton Harbor, MI 49022
      View Details
    • $13 SF/Yr
      Pending

      Retail Space on M-139

      Retail space for lease with high traffic and foot traffic.
      2004 M-139, Benton Harbor, MI 49022
      View Details
    • $20 SF/Yr
      6,000 SF

      Retail Space on M-139

      Retail space for lease with high traffic and foot traffic.
      2004 M-139, Benton Harbor, MI 49022
      View Details

    FAQs

    What type of property is this?
    Showroom - 10,390 SF showroom/retail space with ample parking.
    Where is this showroom located?
    The property is located at 1126 E Napier Ave Benton Harbor, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on East Napier Avenue.; - 10,390 SF of showroom, office, and storage space.; - Convenient 5-minute drive to I-94.
    (269) 459-0430
    Request Owner's contact information
    1126 E Napier Ave Benton Harbor, MI 49022
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1126 E Napier Ave
    Benton Harbor, MI 49022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1126 E Napier Ave Benton Harbor, MI 49022
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Josh Jacobs
    (269) 459-0430
    Learn more
    Google sign-in failed. Please try again or use another login method.